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Self Storage KVSI
16-20 Black Street, Milton QLD, Australia
Description
In 2004, Valad Property Group teamed up with Kennards Self Storage to acquire 24 storage centres. This property in Milton formed part of the original 24 sites.
Key Information
- Ownership 25%
- Acquisition 3/11/2004
- Purchase Price ($,000) 3,593
- Book Value ($,000) 6,900 (at 31/12/07)
- Independant Valuation Date 1/3/2007
- Independant Valuation ($,000) 6,950
- Independant Valuer Blackwell Consulting
- Valuation Cap Rate 8.50%
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Net Lettable Area
Other: 6,336 sqm
- Occupancy as at 31/12/2007 94%
- No. Of Tenants 893
- Age of Building 2001